A consortium of 24 banks has lent a total of over Rs 3,200 crore to the drug maker and the lenders will be taking a haircut of around 65%.
Axis has been occupying the top slot in the Bloomberg India bonds league table since 2007.
Thirty-day review period ends for Bajaj Hindusthan, RattanIndia Power, Suzlon & others.
Minutes released by RBI showed that members voted for an easier monetary policy.
The new appointments come even as the NCLT court in the city is shifting to a larger office downtown as current court infrastructure is stretched.
Investors are saying ‘No’ to Yes Bank. UBS cut its target price. HSBC downgraded the stock.
Taking its chance, Accord, which had lost out to Dhanuka, filed a petition on June 14 asking for its bid to be considered.
Yes Bank has been issuing AT1 bonds since 2010.
As a way forward, lenders decided to take Jet Airways to NCLT and seek resolution under the IBC.
Lenders set to finalise resolution for debt-ridden airline in line with RBI’s new stressed assets norms.
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